M&A propositions having been heating up in Australia, several offers being advanced, BPT and Drillsearch being the only one to come to possible fruition. It appears now more big coin is starting to lay their cards on the table. I do recall Phillip stating about 6 to 8 months ago, M&A'S will start heating up to the end of 2016.
Keep an eye on Tullow, too much potential for current MC, and off to the races again today. After Apache offloaded their whole Australian leases too focus more solely on shale, now this.
http://www.bloomberg.com/news/artic...-takeover-approach-for-18-billion-oil-company
I do mention and eye Tullow, only because I think it's a great measuring stick to CNE, and thus relates a little to our future value, as FAR are very strong leaseholders East & West Africa, very similar to the Tullow story, but about a decade behind.
M&A propositions having been heating up in Australia, several...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19637 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |